. from the 8k, paying roughly 400k, so where is this high valueation coming from
Such definitive agreement will incorporate the Parties’ understandings with respect to the terms of the closing of the Transaction, among other things, the following:
(i) LAHO shall receive all of the GSCG Shares from BN.
(ii) In exchange for the GSCG Shares, LAHO shall issue the following to BN:
a. 237,500 shares of Series C Preferred Stock; and
b. 8,974 shares of Series D Preferred Stock.
c. In addition, LAHO shall pay an amount equal to $300,000 USD to GSCG which may be paid in multiple tranches with the total payment amount being paid in full at the latest upon execution of the Definitive Agreement or at such other date as shall be specified by the Parties; ?
d. Each of LAHO and GSCG shall retain its respective current CEO and Director(s), and no other director(s) shall be appointed within the context of the Closing. ?
